Americans Are Fleeing Big Cities

According to census data Americans Are Fleeing Big Cities:

The states that attracted the most new residents: Florida, Arizona and Nevada. The states that lost the most: New York, California and Illinois.

Among the 25 largest metropolitan areas, 18 had more people move out than move in from 2000 to 2004. New York, Los Angeles and Chicago — the three biggest metropolitan areas — lost the most residents to domestic moves. The New York metropolitan area had a net loss of more than 210,000 residents a year from 2000 to 2004.

The So Cal housing situation is crazy:

The metropolitan area that attracted the most new residents was Riverside, Calif., which has been siphoning residents from Los Angeles for years. The Riverside area, which includes San Bernardino and Ontario, had a net gain of 81,000 people a year from 2000 to 2004.

Riverside has grown to become the 13th largest metropolitan area in the nation. It's a short drive to several mountain ranges, and it's within driving distance of the beach. Locally, it is known as the Inland Empire.

"When you look at housing prices in Southern California, along the beaches and coastlines, you're able to obtain a very large home for a much lower price" in Riverside, said Cindy Roth, president and CEO of the Greater Riverside Chambers of Commerce.

Homes in Riverside aren't cheap. The median price — the point at which half cost more and half cost less — was $374,200 in 2005. But they are less expensive than Los Angeles, where the median price was $529,000.